#NASDAQ #NQM2020 #1hr
- Here is NASDAQ 1hr chart. It recently broke the blue uptrend line below and dropped down making a low around 9505. After that it bounced right back up.
- This V shaped kind of patterns appear a lot these days where a lot of retail traders get mashed.
- Within 7 hours, if we see more bullish momentum, based on the top of the many channels, trendlines, and previous sideway volumes, we can expect some resistance at 9710~9735.
- On the other hand, if NASDAQ goes through more correction, we might expect some support at 9585~9605. However, entering long position at this area seems a little risky. When some more corrective wave structure gets formed, I will be updating.
- Here is NASDAQ 1hr chart. It recently broke the blue uptrend line below and dropped down making a low around 9505. After that it bounced right back up.
- This V shaped kind of patterns appear a lot these days where a lot of retail traders get mashed.
- Within 7 hours, if we see more bullish momentum, based on the top of the many channels, trendlines, and previous sideway volumes, we can expect some resistance at 9710~9735.
- On the other hand, if NASDAQ goes through more correction, we might expect some support at 9585~9605. However, entering long position at this area seems a little risky. When some more corrective wave structure gets formed, I will be updating.
토미 라이브 차트 보기: litt.ly/tommytradingtv
Youtube: bit.ly/Tommy_TV
Telegram: bit.ly/Tommy_Main
트레이딩 MBTI 테스트하기: tradingmbti.waveon.io/
Youtube: bit.ly/Tommy_TV
Telegram: bit.ly/Tommy_Main
트레이딩 MBTI 테스트하기: tradingmbti.waveon.io/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
토미 라이브 차트 보기: litt.ly/tommytradingtv
Youtube: bit.ly/Tommy_TV
Telegram: bit.ly/Tommy_Main
트레이딩 MBTI 테스트하기: tradingmbti.waveon.io/
Youtube: bit.ly/Tommy_TV
Telegram: bit.ly/Tommy_Main
트레이딩 MBTI 테스트하기: tradingmbti.waveon.io/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.